Updated

Warning signs

Winding-up petitions, stopped work, missed payments and other trouble on the record.

UK

Warning signs

Poundland cannot restock shelves as administration notice runs out on Thursday

Poundland, the discount chain run by Walsall-based Poundland Limited, has not been able to buy new stock since late October because owner Gordon Brothers has frozen its cash, and its legal shield from creditors ends on Thursday 12 November with more than 10,000 jobs and about 600 shops at stake.

Why it matters: Poundland's 10,500 to 11,000 staff and its suppliers find out from Thursday 12 November whether the chain is sold whole, broken up or put into administration. Nothing has been said yet about wages or which shops would close.

Australia

Warning signs

Angas Securities hit with interim ASIC stop orders on two funds holding A$114 million

ASIC has issued interim stop orders that block new offers, issues, sales and transfers of interests in two mortgage funds run by Adelaide-based Angas Securities Limited: its Direct Mortgage Fund and its Prime Income Fund. The two mortgage funds held about A$114 million of investors' money at 30 June 2026.

Why it matters: While the orders stand, Angas Securities cannot issue, sell or transfer interests in either fund, which together held about A$114 million. Investors are waiting on the hearing that decides whether the orders become final, and on the capital raising due by 31 December.